KELOWNA, BC--(MARKET WIRE)--Oct 7, 2008 -- Auctions International Inc. (Other OTC:AUCI.PK - News), a technology company that owns and markets proprietary software that enables real-time online auctions of virtually any commodity in the wholesale market, announced today that there is significant interest in licensing its wholly owned proprietary Auction Software.

Doug Mann, President and CEO of Auctions International Inc., said, "For the last year, we have focused on the development of the www.AutoBidLive.com site for car dealers and now that we have had sales activity, we can begin to promote the software for other industrial markets. We have proven that the software is user friendly, and works flawlessly. Given the state of the economy throughout North America, there will be an increasing number of auctions for all types of products, especially industrial. Our auction software provides any industry seeking to expand their markets with a real-time Internet-based auction platform to build exposure for their products.

"Given the developing 'green' trend, it makes sense to use the Internet for transactions and marketing to decrease the costs to the environment and enhance consumer benefits. Our auction software will be made available as either a licensed package, or will be operated as a back office system hosted on our servers. Our model is designed to enable signed up users to post products for free and buy online. Once a deal has been made, the buyer and seller complete the details of the transaction and Auctions International Inc. receives a small fee from the buyer and seller," concluded Mann.

About Auctions International Inc.

Auctions International began as a software company that developed a unique software package that allows virtually any user to set up an on-line, real time, auction floor. Through its wholly owned subsidiary www.AutoBidLive.com, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumer's needs. For more information, visit www.AutoBidLive.com.

In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which will benefit from its leading-edge online auction technology platform. Additional information about Auctions International Inc. as well as corporate structure and stock capitalization can be viewed on the Company's website at www.auctionsintinc.com.

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity, access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

     For Auctions International, contact:
     Doug Mann
     President and CEO
     Auctions International Inc.
     dgmann@auctionsintinc.com
     250-317-8885
     http://www.auctionsintinc.com
      
     AutoBidLive Auctions Inc.
     http://www.autobidlive.com